Novonix (NVNXF) Work In Process (2021 - 2025)

Novonix has reported Work In Process for 5 years, with the latest figure at $2.2 million in Q4 2025.

• For the quarter ending Q4 2025, Work In Process rose 76.05% year-over-year to $2.2 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 million (up 76.05% YoY), and the FY2025 full-year result was $2.2 million, up 76.05% from the prior year.
• Work In Process for Q4 2025 stood at $2.2 million, up from $1.2 million in the prior quarter.
• The five-year high for Work In Process was $2.5 million in Q4 2022, with the low at $1.2 million in Q4 2024.
• Historically, Work In Process has averaged $1.6 million across 5 years, with a median of $1.4 million in 2023.
• Annual changes were most pronounced in 2023 — Work In Process sank 43.18% — and 2025, when it jumped 76.05%.
• Novonix's Work In Process stood at $1.2 million in 2021, then jumped by 98.28% to $2.5 million in 2022, then slumped by 43.18% to $1.4 million in 2023, then slipped by 11.63% to $1.2 million in 2024, then soared by 76.05% to $2.2 million in 2025.
• The last three Work In Process figures came in at $2.2 million (Q4 2025), $1.2 million (Q4 2024), and $1.4 million (Q4 2023), per Business Quant data.